1. Businesses
  2. Retail/Wholesale
  3. Maharashtra
  4. Mumbai
  5. SL023274
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Gold & Jewellery Retail Biz Raising Funds In Mumbai

Listing ID: SL023274
Posted By: Owner
Last Active: 1+ year ago
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About Business

The founder has been operating a retail and wholesale business in jewellery, silver articles, gemstones, and artificial jewellery for the past 30 years. The retail shop specializes in a wide range of gold and silver ornaments, currently achieving an average monthly sales of approximately ₹2 lakhs.

Now, the founder is planning to expand into the wholesale segment, with a primary focus on gold chains. The target market for this wholesale venture is Mumbai. At present, the business is already associated with 40–50 wholesale customers and operates on a commission basis. The goal is to transition into direct wholesale trading to scale operations and increase margins.

Clientele type

Retail customers and retail jewellery shops are the main clients.

Premises

OWNED

Premise Size: 170 sq feet

Market Value (in INR): 1.00 Cr

Asking Price Includes

33 percent partnership will be offered by the founder.

Asking Price

INR 5.00 Cr

Minimum ticket size

INR 5.00 Cr

Reason

To scale the business by entering the wholesale market, the founder is now seeking a suitable investor.

Licenses

Gst registration

More Details

The founder has been running a retail gold jewellery shop since 1999 and is now looking to expand into the wholesale market.

Keywords

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Business Tags

Gold & Jewellery Retail Biz Raising Funds In Mumbai

₹10 to ₹200 Cr

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